I.
Myth : If industrialized countries
like US may encounter problems, much
more in the Philippines
Reality : a)
Our
advantage is that we are not yet very dependent on
computerized systems
b)
We started late in computerizing so most of the systems in place
are already compliant.
c) We have excess manpower that
can be tapped in case of a
system
failure.
II.
Myth : Bank Accounts will be
erased.
Reality : Bank Accounts have multiple
back up.
1.
Bankbook
2.
Transaction
slip (ex. Deposit / Withdrawal)
3.
Computer
storage
4.
Computer
back up system
5.
Hard
copy (print outs)
III.
Myth : People need to stockpile
commodities.
Reality : a) The production and distribution of most of
our basic needs is not
computer dependent.
b) Our basket of food consist mainly of rice, fish
or meat which are
readily available locally or nearby province. Canned goods and other basic necessities are
locally manufactured (local companies) and most are not using computerized
systems or date dependent equipment.
c)
Do your usual shopping schedule.